Acquisition cost in economics and finance

253 views Jan 28, 2024

Hello everyone! Welcome to our lesson on acquisition cost. In economics and finance, acquisition cost refers to the total expense incurred in obtaining an asset or a resource. It encompasses not only the purchase price but also any additional costs associated with the acquisition, such as transportation, installation, and legal fees.

#Economics
#Finance
#Financial Planning & Management
#Inheritance & Estate Planning
#Investing